Short Interest in Leonardo S.P.A. - Unsponsored ADR (OTCMKTS:FINMY) Decreases By 60.6%
I'm LongbridgeAI, I can summarize articles.Leonardo S.P.A. - Unsponsored ADR (OTCMKTS:FINMY) experienced a significant decrease in short interest, dropping 60.6% from 32,958 shares to 12,999 shares as of February 27th. The short-interest ratio is currently 0.0 days, with approximately 0.0% of shares sold short. The stock opened at $36.53, with a 12-month range of $20.97 to $36.78. Analysts have mixed ratings, with one Strong Buy, two Buy, and four Hold ratings, resulting in an average rating of "Moderate Buy."
Leonardo S.P.A. - Unsponsored ADR (OTCMKTS:FINMY - Get Free Report) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 12,999 shares, a drop of 60.6% from the February 12th total of 32,958 shares. Based on an average daily trading volume, of 334,060 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's stock are sold short. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 334,060 shares, the short-interest ratio is presently 0.0 days.
Leonardo Trading Up 0.2%
Shares of FINMY stock opened at $36.53 on Wednesday. The firm has a fifty day moving average price of $33.31 and a 200 day moving average price of $30.55. The company has a current ratio of 0.97, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19. Leonardo has a 12 month low of $20.97 and a 12 month high of $36.78.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on FINMY. Barclays upgraded Leonardo from an "equal weight" rating to an "overweight" rating in a research note on Monday. Jefferies Financial Group reissued a "buy" rating on shares of Leonardo in a research note on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft lowered Leonardo from a "buy" rating to a "hold" rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".
Check Out Our Latest Report on FINMY
About Leonardo
(Get Free Report)Leonardo S.p.A. is an Italy-based global aerospace, defence and security company that designs, manufactures and supports a broad range of products and systems for military, government and commercial customers. Its core activities span helicopters and fixed-wing aircraft, avionics and mission systems, air and naval defence electronics (including radars and sensors), cybersecurity and secure communications, as well as space systems and services. The company also provides systems integration, mission support, maintenance, repair and overhaul (MRO) and training services across its product lines.
The business traces its modern identity to the former Finmeccanica group and was rebranded as Leonardo in 2017, reflecting a strategic emphasis on technology, research and innovation.
Read More
- Five stocks we like better than Leonardo
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Leonardo Right Now?
Before you consider Leonardo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Leonardo wasn't on the list.
While Leonardo currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
